High-purity Gases for Semiconductors Market Set to Surge - Key Insights You Must Know

High-purity Gases for Semiconductors Market

The global market for High-purity Gases for Semiconductors was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of %during the forecast period.

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Following a strong growth of 26.2 percent in the year 2021, WSTS revised it down to a single digit growth for the worldwide semiconductor market in 2022 with a total size of US$580 billion, up 4.4 percent. WSTS lowered growth estimation as inflation rises and end markets seeing weaker demand, especially those exposed to consumer spending. While some major categories are still double-digit year-over-year growth in 2022, led by Analog with 20.8 percent, Sensors with 16.3 percent, and Logic with 14.5 percent growth. Memory declined with 12.6 percent year over year. In 2022, all geographical regions showed double-digit growth except Asia Pacific. The largest region, Asia Pacific, declined 2.0 percent. Sales in the Americas were US$142.1 billion, up 17.0% year-on-year, sales in Europe were US$53.8 billion, up 12.6% year-on-year, and sales in Japan were US$48.1 billion, up 10.0% year-on-year. However, sales in the largest Asia-Pacific region were US$336.2 billion, down 2.58% year-on-year.

By Type
• Hydrogen
• Nitrogen Trifluoride
• Chlorine Gas
• Silicon Gases
• Ammonia Gas

By Application
• Chamber Clean
• Oxidation
• Deposition
• Etching
• Doping

Key Companies
SK Materials, Versum Materials, Air Liquide, Taiyo Nippon Sanso, Praxair-Linde, Kanto Denka, Showa Denko, Air Products and Chemicals, Hyosung, Sumitomo Seika Chemicals, Central Glass, The 718th Research Institute of CSSC, Adeka, REC, Mitsui Chemical, Tokuyama, Guangdong Huate Gas

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This release was published on openPR.